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[deleted] t1_izfoo0v wrote

I switched to direct energy and locked in my rates for 36 months right when all the electricity prices started skyrocketing.

Nothing really changes I still have my autopay set up through eversource but I guess my underlying payments/provider is now direct energy.

It's worth shopping around, plus locking in rates gives you a piece of mind.

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ThisIsNotTuna t1_izj23v2 wrote

Same! If I hadn't made the swap back in July, I'd probably be paying 22 cents or however high it is by now.

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[deleted] t1_izj5o59 wrote

Yup admittedly up until about 6 months ago I didn't even know you could shop around for rates. Electricity was never expensive enough for me to even look into it. But as things started to get crazy I began looking into savings wherever I could

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JayBisky OP t1_izfowda wrote

Ok so you pay eversource every month or do u pay direct energy now?

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[deleted] t1_izfqw3v wrote

My bills still come from eversource. I never even changed my auto pay with eversource and still receive an eversource bill. However I am locked into a 36 month contract with direct energy.

Don't quote me and if someone else is here please correct me if wrong, but I believe eversource is like the umbrella energy provider. When I signed up for direct energy that just means they are a sub provider of eversource in a way.

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GraniteGeekNH t1_izg0q13 wrote

Yes they still charge you what is called the "delivery" charge, which covers poles and lines and meters, etc. The "energy" portion of the total bill is the cost of the actual electricity - that's the part you can get from other providers.

As you note, they still do the billing for both delivery and energy even if you're buying electricity from Direct Energy or somebody else.

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JayBisky OP t1_izfscga wrote

Yea eversource sill owns the lines so they’re still the umbrella Corp

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[deleted] t1_izftltc wrote

It's worth the time to shop for rates and lock them in. Also make sure there is no penalty for canceling contract as well. That way if rates go way down you can just get a new contract

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hibeop t1_izfqk6o wrote

I have Direct Energy as well, switched over at I believe .14 KWH.

Everything is the same, still get a bill from Eversource, you’re just choosing the supplier side now instead of whoever Eversource goes with. Direct Energy would now be the name of the supplier on your usual bill

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